Better Rewards for Investors as Dubai Bank Launches Value Bouquet
New Investment Product offers 6.25% Profit Rate Per Annum
Dubai Bank, a Dubai Group company, has announced the launch of Value Bouquet, a high-yielding investment product for its Wealth Management clients.
Value Bouquet is Dubai Bank’s Wealth Management offering with profit rates of up to 6.25% per annum – one of the highest profit rates in the industry. It gives more value to high net worth investors with at least AED 500,000.
“We are excited about the launch of Value Bouquet. Considering the current global liquidity squeeze, we have recognized the need to for investors to get better returns on their investment,†said Mohamed Amiri, Head of Retail Banking, Dubai Bank.
With Value Bouquet, investors can maximize their returns under two plans. The first plan provides a choice of three investment windows. A one-month term deposit of AED 500,000 will generate a 5% profit rate, while 3 months and 6 months term deposits will yield 5.25% and 5.50% as profits respectively.
The second plan is for a minimum period of one year. Two investment options are offered under the one year term plan. A profit rate of 5.75% will accrue to investors with less than AED 5million, while 6.25% profit is offered to investors with AED5 million and above in investments.
Dubai Bank’s Wealth Management offering, has an excellent blend of personalized banking and Sharia’a compliant holistic advice on both investment and deposit solutions. A team of experienced investment advisers support customers across a range of banking needs.
